Observe and demonstrate how to calculate state sales taxes. Learners create a sales tax chart by calculating the sales tax amount and tax inclusive retail price for school store items, then calculate the subtotals, sales tax amounts, and...

Most adults dread April 15 — tax day! Tax preparation can be intimidating even for adults. Build confidence by leading individuals through the process and then give them a scenario to practice. The exercise uses tax vocabulary to give...

The class examines the new tax cut plan proposed by President Bush. They practice calculating income tax rates and interpreting the data. Then they research topics that are of interest to them related to taxes.

In this tax worksheet, students solve 1 problem about taxes.  Students find the federal and state tax on a given amount of money.

Some of us never feel like we know how to do our taxes! Help scholars understand the process early by using an informative resource. They fill out their own tax forms in a simulation activity and view multiple resources to learn even...

Twelfth graders practice filling out IRS 1040 EZ forms. They discuss various ways people pay taxes. They assess the importance of W-2 forms and apply skills using the IRS tax table to compute how much money is owed or returned.

Is a 1040EZ tax form really easy? Scholars investigate the complexities of the United States taxation system with an economics lesson plan. Using a wide variety of web sources, they interpret IRS taxation rules and regulations to better...

Students are able to compare the effects of the following, using income as a measure of ability to pay: a progressive tax, a regressive tas, and a proportional tax. They explain how a mixture of regressive and progressive taxes could...

Students investigate what taxes are and solve related problems.

Teenagers love to think about driving and buying their first car. The intent of this resource is to create an equation for the list price of a car and add the appropriate state tax. Once your teens understand the calculation, ask them to...

Young scholars explore the concept of normal distribution. In this normal distribution lesson, students find the normal distribution of taxes in the 50 US states. Young scholars make histograms, frequency tables, and find the mean and...

Seventh graders investigate sales tax. Following a teacher demonstration, they find sales tax and the total cost of items. In groups, classmates choose items from a menu that they would like to purchase. Each student figures the sales...

Students explore the concept of sales tax and discounts. In this sales tax and discounts lesson, students pretend to gamble in groups to win fake money. Students must tax their winnings. Students collect receipts. Students discuss the...

Young scholars explore the concept of sales tax. For this sales tax lesson, students work in groups to spend $500. Young scholars calculate the discount and sales tax on each item. Students buy between 5 to 10 items.

High schoolers explore the concept of taxes. In this tax lesson, students investigate types of taxes and deductions taken out of a paycheck before they see it. High schoolers calculate the tax on a given dollar amount. Students...

Twelfth graders research want ads on the Internet or in the newspaper. They calculate the estimated weekly, monthly, and yearly pay for an hourly, salary and commission positions. They calculate a paycheck including state tax, federal...

Introduce your young adults to the important understanding that the money they receive from their paychecks is a net amount as a result of deductions from taxes. Other topics covered include federal, state, Medicare and social...

Financial literacy is such an important, and often-overlooked, skill to teach our young people. Here is a terrific lesson which has pupils explore how to come up with a personal budget. They consider income, saving, taxes, and their...

What exactly is the fiscal cliff? What are the effects of changing income tax rates and payroll tax rates? Your learners will begin by reading news articles and examining graphs illustrating the "Bush tax cuts" of 2001 and 2003. They...

Fifth graders investigate the connection between taxes and government services.  In this economics lesson plan, 5th graders discuss the process and benefits of paying sales and income taxes.  Using calculators, students compute...

Students use Excel spreadsheets to organize purchases, discounts, sales prices, and sales tax. Students follow step by step instructions and enter formulas as well as use the auto sum feature to calculate required calculations.

In this problem solving strategies instructional activity, students solve and complete 9 different word problems that include money and measurement. First, they list the sub-problems for each problem, solve the sub-problems and solve the...

Balancing a budget, paying taxes, and buying a home may feel out of reach for your high schoolers, but in their adult years they will thank you for the early tips. A set of five lessons integrates applicable money math...

Students examine websites and resources related to Bush's 2001 tax plan. They discuss the history of taxes and other tax topics. They look for evidence in the local newspaper of government spending at work.